Preparing for the future in a period of uncertainty
Preparing for the future in a period of uncertainty
Increasingly complex actuarial reserving and capital models, demanding reporting requirements and deadlines and maintaining competitiveness in an uncertain operating and economic environment are just some of the challenges currently facing actuarial teams and (re)insurers.
Against this backdrop, (re)insurers are trying to prepare for a new accounting standard, facing increasing regulatory scrutiny and dealing with the uncertainties related to COVID-19 and Brexit. Remaining competitive in today’s environment, means that (re)insurers need to improve their processes where possible, whether it’s reducing steps or automating certain aspects, allowing more frequent reviews and deeper and quicker insights.
KPMG helps organisations face these challenges. We can help you deal with a range of insurance issues, including:
How KPMG can help
KPMG offers a full suite of actuarial services across life insurance, non-life insurance, health insurance, and pensions. Whether you require our life, non-life, or health expertise (which includes domestic and international insurance, and captive and reinsurance markets), or our pensions expertise (which includes the management and restructuring of defined benefit schemes and the set-up of new defined contribution schemes), we strive to continually provide clear, unambiguous, and independent advice, helping you prepare for the future in this period of great uncertainty.
To find out more about the work we do and how we can help you – get in touch today. We look forward to hearing from you.